In this week’s Weekly Market Review in partnership with the Securities Investors Association Singapore (SIAS), we discuss the continued rally in US markets, easing oil prices and bond yields, alongside the latest earnings updates from OCBC, UOB, and Parkway Life REIT.
Watch the video to learn more about what we are looking out for this week. Weekly Market Review 1:23 - Macro Update US markets continued to hit fresh record highs last week, with the S&P 500 gaining 2.3% to close near the 7,400 level, while the NASDAQ surged 4.5%, driven by strong performance in AI-related and hardware technology stocks.The STI posted a more modest gain of 0.2% as investors digested a busy Singapore earnings season with mixed corporate results.Sentiment improved after hopes of progress in resolving the Middle East conflict pushed oil prices below US$100 per barrel, easing concerns around inflation and economic...What happened?
